Customer Story

Transforming Rewards & Recognition for a Digital-First Financial Services Enterprise

Customer Story

Transforming Rewards & Recognition for a Digital-First Financial Services Enterprise

Customer Story

Transforming Rewards & Recognition for a Digital-First Financial Services Enterprise

The Challenge

The organization faced significant inefficiencies in its existing R&R setup. Recognition and gifting workflows were manual, fragmented, and dependent on multiple vendors, resulting in operational overhead and inconsistent employee experiences. There was no centralized system to automate milestone recognitions or manage performance-based and recurring rewards. Additionally, complex logistics around lifecycle gifting, coupled with inconsistent vendor service quality, reduced program effectiveness and trust. HR teams lacked visibility and control over end-to-end recognition programs, limiting scalability and strategic impact.

The Solution

The organization implemented Xoxoday Empuls as a unified employee engagement and Rewards & Recognition platform. Empuls centralized all recognition workflows spanning spot awards, nomination-based programs, department-wide recognitions, and lifecycle milestones into a single automated system. Integrated employee surveys and a social intranet further strengthened transparency, feedback loops, and cultural alignment. Leadership-led adoption ensured rapid rollout and consistent participation across the enterprise.

Program Inputs & Platform Capabilities

Empuls Modules Implemented

  • Recognition & Rewards: Automated spot awards, performance-based rewards, monthly recognitions, and nomination workflows
  • Milestone Automation: End-to-end automation of lifecycle gifting such as baby and healthcare hampers
  • Employee Surveys: Real-time EX feedback to measure sentiment and drive improvements
  • Social Intranet: Organization-wide collaboration, visibility, and value-driven conversations

Functional Highlights

  • Fully centralized and automated R&R operations
  • Flexible reward structures (monetary, performance-linked, and recurring)
  • Structured manager-led and nomination-based workflows
  • Top-down adoption driven by leadership participation

Outcomes & Business Impact

  • 95% employee activation on the platform
  • 177% increase in reward redemption value, indicating higher utilization and engagement
  • Significant adoption of monetary awards across key departments, reflecting cultural acceptance
  • 20% growth in Monthly Active Users (MAUs) within the first quarter post-implementation
  • Reduced operational overhead by eliminating multi-vendor dependencies
  • Improved reliability and consistency in milestone recognition and reward delivery

Conclusion

By adopting Xoxoday Empuls, the organization transformed a fragmented and manual Rewards & Recognition framework into a centralized, automated, and scalable engagement ecosystem. The platform enabled consistent recognition across teams, simplified complex workflows, and delivered measurable improvements in employee activation and reward utilization. Empuls empowered HR to transition from operational management to strategic culture-building—helping the organization reinforce a performance-driven, employee-centric workplace at scale.

Company Overview

The organization is a leading digital-first financial services enterprise focused on delivering innovative financial solutions while continuously strengthening internal employee experience. As part of its people transformation journey, the company sought to modernize its Rewards & Recognition (R&R) framework to support performance-driven culture, employee lifecycle moments, and scalable engagement across teams.

Industry: Financial Services
Region: India
Organization Type: Large Financial Services Enterprise
Strategic Focus: Operational excellence, digital transformation, employee experience